A new research report has been released today by Pitt Street Research. The report states that "We believe today’s property investing in Australia is archaic and ripe for disruption...DomaCom Limited ((DCL)) has developed two fully regulated financial products that we believe can revolutionize property investing in Australia."
"Given that DCL essentially adds another, important, asset class to financial advisers’ advisory toolbox, we expect both products will garner very strong interest once fully launched. The company is targeting the investment property segment of the SMSF market, valued at $700bn in total. Additionally, DCL has its sights set on first home buyers and the market for retiree homes worth around $500bn."